Arsenal have confirmed that CEO Vinai Venkatesham will be stepping down as the club’s CEO next summer.
Reacting to the announcement, Vinai said: “This was a tough decision, but it is time to pursue another challenge. Now is not the time for goodbyes as I remain focused until my last day and supporting a seamless transition.”
Arsenal Co-Chair Josh Kroenke also gave his thoughts on this, saying: “The Board is fully supportive of Vinai’s desire to pursue his next challenge. Whilst it is business as usual with everyone focused on the season ahead, we’d like to take this moment to thank him for his contribution and long service. Vinai will always be part of the Arsenal family and always welcome back at Emirates Stadium.
“Change and succession is something the club is well prepared for. The Board remains committed to our strategy and will address leadership change as we continue to drive the club forward.”
Venkatesham joined Arsenal in 2010 and was made CEO in 2020. He has been very supportive of Mikel Arteta and helped him rise to new heights at the club over the last few years.